Phull Vision Ltd - Accounts to registrar (filleted) - small 18.2
Phull Vision Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 28 February 2021 |
for |
Phull Vision Ltd |
Phull Vision Ltd (Registered number: 07935045) |
Contents of the Financial Statements |
for the Year Ended 28 February 2021 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Phull Vision Ltd |
Company Information |
for the Year Ended 28 February 2021 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Management Accountants |
Onyx House |
12 Phoenix Business Park |
Avenue Close |
Birmingham |
West Midlands |
B7 4NU |
Phull Vision Ltd (Registered number: 07935045) |
Abridged Balance Sheet |
28 February 2021 |
28.2.21 | 29.2.20 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
PROVISIONS FOR LIABILITIES | 5 | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges her responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
Phull Vision Ltd (Registered number: 07935045) |
Abridged Balance Sheet - continued |
28 February 2021 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Phull Vision Ltd (Registered number: 07935045) |
Notes to the Financial Statements |
for the Year Ended 28 February 2021 |
1. | STATUTORY INFORMATION |
Phull Vision Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
The turnover shown in the profit and loss account represents amounts invoiced during the year. |
Tangible fixed assets |
Computer equipment | - |
Government grants |
In the year, the company has accounted for government grants under the accrual model. |
Government grants of £3,780 have been recognised in relation to the Coronavirus Job Retention Scheme. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Phull Vision Ltd (Registered number: 07935045) |
Notes to the Financial Statements - continued |
for the Year Ended 28 February 2021 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 March 2020 |
and 28 February 2021 |
DEPRECIATION |
At 1 March 2020 |
Charge for year |
At 28 February 2021 |
NET BOOK VALUE |
At 28 February 2021 |
At 29 February 2020 |
5. | PROVISIONS FOR LIABILITIES |
28.2.21 | 29.2.20 |
£ | £ |
Deferred tax |
Accelerated capital allowances |
Deferred |
tax |
£ |
Balance at 1 March 2020 |
Provided during year | ( |
) |
Balance at 28 February 2021 |
6. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is |